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From the Chief Executive - 18 August 2017

Submitted on Friday, 18th August 2017

This week, Melbourne was once again crowned the World’s most liveable city, taking out the top position for a record seventh time. For Victorians, this will come as no surprise, and is a confirmation of our reputation as a great place to live, work and do business.

Of course no city is perfect, and Melbourne needs to invest in its assets to retain its liveability status. One area that is in urgent need of upgrading is the Queen Victoria Market.

The Queen Victoria Market is an iconic part of Melbourne’s history, trading for 138 years, and its facilities need to be updated for it to thrive for another 140 years.

The City of Melbourne and State Government have agreed on a plan that will see the long-awaited renewal finally happen. Our city needs its central market to be functioning at its best, and the time for action is now.

This plan has been subject to 60 comprehensive studies on different aspects of renewal and 7500 submissions through community engagement. After five years, the Renewal Program is finally ready to proceed and the Victorian Chamber of Commerce and Industry reinforces its support for work to begin on the approved plan as soon as possible.

The City of Melbourne predicts the QVM Renewal Program will provide a $1.2 billion net benefit to the community, 60,000 jobs (from in the precinct and 2500 construction jobs) and guarantee a spot for 628 small businesses during the renewal.

We want small businesses in the Queen Victoria Market to have the best chance of success in the future. The improvements will including modern refrigeration, power, hot and cold running water, improved car parking and pedestrian access. These improvements will improve trading conditions and position their businesses for future success and will quickly establish itself as a business and community precinct in the City of Melbourne.

For other businesses hoping to achieve further success and growth, our Global team is holding a seminar on 22 August to help business owners learn what steps they can take to start doing business globally. The seminar will also cover common mistakes to avoid and practical tips on leveraging opportunities through the use of Australia’s Free Trade Agreements and exporting. Tickets to this informative event are available here

Mark Stone AM

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